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Evolution Robotics Joins Industry Leading Companies in Sponsorship of RoboBusiness Conference and Exposition

NORTHBOROUGH, MA and FRAMINGHAM, MA – March 6, 2006 – Robotics Trends and IDG World Expo today announced that Evolution Robotics has secured sponsorship of the 3rd annual RoboBusiness Conference and Exposition, the international business development event for mobile robotics and intelligent systems. The company will also host a 'robotics breakfast' on June 20, 2006. The conference and exposition will be held at the Sheraton Station Square in Pittsburgh, PA on June 20-21, 2006. The event website is http://www.robobusiness2006.com.

According to Dan Kara, conference chairman and President of Robotics Trends, "We are delighted to have a company with the renown of Evolution Robotics sponsor the RoboBusiness Conference and Exposition. We are also very pleased at how rapidly leading companies within the robotics industry, such as Evolution Robotics, have demonstrated their support of the RoboBusiness event through sponsorship. We are truly witnessing the birth of a whole new industry – personal, service and mobile robotics. This industry is expanding rapidly and requires an international, business development event like RoboBusiness."

Paolo Pirjanian, President and CTO of Evolution Robotics notes, " As the consumer service robotics industry is growing to become a multi billion dollar industry in the coming years, RoboBusiness plays an increasingly important role. Evolution Robotics is extremely excited about the growth of this industry and its partnerships with brand leaders in making robots smarter through advanced and cost-effective vision and navigation solutions. RoboBusiness plays a significant role in providing the forum for connecting traditional consumer electronics companies with young, emerging robotics companies to form partnerships that will fuel the future of the robotics industry."

Evolution Robotics, Inc. is based in Pasadena, CA, and partners with brand leaders to make their products smarter by providing solutions for vision, autonomous navigation and intelligence. The company's core technologies include ViPR(TM), the "gold standard" for visual pattern recognition, NorthStar(TM), the world's lowest cost localization solution and the ERSP(R) Robotic Software Development Platform. These technologies are used worldwide for commercial and consumer use. Evolution Robotics is an operating company of Idealab, a creator and operator of technology businesses. (http://www.evolution.com).

About Robotics Trends

Robotics Trends is the world's first integrated media firm serving the burgeoning personal, service and mobile robotics marketplace, servicing their clientele through three major business divisions:

— Robotics Trends Publishing, which produces www.roboticstrends.com , an online news and information portal focused on business and technology trends for people who build, buy, invest in, and seek to understand the personal, service, mobile and military robotics market;

For information on RoboBusiness 2006 sponsorship, exhibit and speaking opportunities available, please contact Howard Weinman, Vice President of Sales and Business Development at (508) 351-6606 x103 or email hw@roboticstrends.com.